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United States · Bill · HR

H.R. 334 (104th)

Individual Retirement Improvement Act of 1995

referredUnited States· United States Congress· EN

Introduced

4 January 1995

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Individual Retirement Improvement Act of 1995 - Amends the Internal Revenue Code to increase the deduction for active participants in certain individual retirement plans to the amount allowable plus 50 percent of the excess amount. Provides a formula for reducing such percentage in cases of adjusted gross incomes that exceed $200,000. Allows certain spouses a full deduction for contributions to individual retirement accounts.

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Versions

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Documents

3 official files

Introduced in House (text)

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Sources

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